Readers Questions III

You are welcome to ask questions on Economics. However, due to volume of questions, I can no longer promise to answer all questions.

I will post the answer on this blog, for everyone to benefit from.

I shall try to answer the economics question and / or point to other resources but please bear in mind.

  1. The replies will be guidance and not for duplication. Your essays should be your own work.
  2. My speciality is economics for British A Level standard. My university economics is rusty in parts, because generally I don’t use it in teaching A level economics.
  3. I can’t guarantee to always give full answers it also depends on my time schedule.
  4. I will answer as a new post. Check home page of blog for new post. With question and answers
  5. Generally, I don’t answer questions, which involve mathematical calculations, they tend to be doing someone’s homework. however, I may give examples, of calculations, if I think it helps explain economics principles.

I studied PPE at Lady Margaret Hall college, Oxford University, and currently work as an Economics A Level teacher. I have also examined several different economic units for Edexcel AS and A2.

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234 thoughts on “Readers Questions III”

  1. How does high inflation and high interest rates act as a constraint to economic growth?

  2. This one is about the time arrangement for the real exam . Could you tell me for Unit 6 edexcel how should I allocate the time for essays and data response ? and for essay and data response , which one should I do first ? is there any particular order ? (with extra time 25%)

  3. This one is about immigrants on labour market . The question is “evaluate the extent to which a greater level of net immigration to the UK may improve its labour market performance ” (by the way , what on earth is the black market and how does the immigrant have an impact on that? )

  4. “Evaluate the agument that further measures to reduce inequality may have adverse consequences for work incentives ” (We can talk about the progressive tax which reduce the high income groups ‘ working incentives and may cause the brain drain problem ) but how can we evaluate this question ? such as not adverse effect ? or the significance of that ? Plz HELP !

  5. why is there a difference between the size of the population of working age and the size of the workforce

  6. The three factors which can explain the wage differentials in the South East and the North ? (1,living cost 2, MRP theory , 3 ??), can I say that trade union power in the South East is more strong ? I just guess and dont know whether that is an acceptable answer ?

  7. I just apply the theory and I am not sure whether I have to tell the truth in the eco . exams ?

  8. What does “Capital Mobility ” mean ?
    how to explain “The improved mobility of Physical and Capital mobility has enabled further gains from trade. This is because it has reduced the cost of transport and international finance. ” I always dont get that . Please help ! What does that capital include ?

  9. If British industry was to become uncompetitive it would have the following adverse effects on the economy : one of them is a higher level of inflation . How to explain that ? Thanks^^

  10. can you please help me with this two Unit 6 question?
    Question:
    (1)Examine the reasons why a country might wish to restrict imports.
    (2) To what extent might the pursuit of full employment conflict with other economics objectives?
    thanks.

  11. Could you tell me what is the “static and dynamic efficiency gains from trade ” ? Thanks ^^!

  12. I wonder what were the restrictions on the movement of financial capital when there is any ? and could you tell me what exactly does the “capital control ” mean ? Many THANKS !!

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